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Home » Orexigen settles Takeda dispute, seeks expanded reach for obesity drug in South Korea
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Orexigen settles Takeda dispute, seeks expanded reach for obesity drug in South Korea

Aug. 12, 2015
By Michael Fitzhugh
Orexigen Therapeutics Inc. reported higher-than-expected second quarter revenues, helped by royalties on U.S. sales of obesity drug Contrave (naltrexone and bupropion). Shares rose (NASDAQ:OREX) 35 cents, to $4.17 by Thursday's close as the company settled a dispute with its North American partner Takeda Pharmaceutical Co Ltd. and signed a new distribution deal for South Korea.
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